Morgan Stanley Merchant Banking & Real Estate Investing, the Firm’s direct private investing platform, today announced a change in the name that will be used for a number of its investment funds. The Volcker Rule section of the Dodd-Frank Act requires certain changes to banks’ sponsorship of private investment funds, including the requirement that banks not include their own name as part of the name for these funds. In line with this regulatory requirement, Merchant Banking & Real Estate Investing will adopt North Haven as the new name for its closed-end strategies across private equity, real assets and credit.

The new North Haven name references the location in Maine where Morgan Stanley’s original partners met and founded the Firm nearly eighty years ago. The choice of the name reflects Morgan Stanley’s long tradition of applying unparalleled intellectual capital to the evolving needs of sophisticated investors around the world.

Gregory J. Fleming, President of Morgan Stanley Investment Management, said, “Merchant Banking & Real Estate Investing is a key part of Morgan Stanley Investment Management and our overall Morgan Stanley strategy. We see a lot of positive momentum, driven by talented investment professionals and skilled business leaders. These are great businesses, for our clients and for our Firm.”